IL&FS Investment Managers consolidated net profit declines 57.07% in the March 2017 quarter

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Sales decline 25.78% to Rs 28.45 crore
Net profit of IL&FS Investment Managers declined 57.07% to Rs 3.61 crore in the quarter ended March 2017 as against Rs 8.41 crore during the previous quarter ended March 2016. Sales declined 25.78% to Rs 28.45 crore in the quarter ended March 2017 as against Rs 38.33 crore during the previous quarter ended March 2016.For the full year,net profit declined 89.07% to Rs 6.13 crore in the year ended March 2017 as against Rs 56.08 crore during the previous year ended March 2016. Sales declined 44.50% to Rs 101.28 crore in the year ended March 2017 as against Rs 182.48 crore during the previous year ended March 2016.
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First Published: Jun 14 2017 | 4:07 PM IST